2516 Labonte Dr
Memphis, TN 38127
Shelby Forest-Frayser- 3 Beds
- 2 Baths
- 1,000 sqft
3 Beds
2 Baths
1,000 sqft
Home Value
Trulia Estimate
$87.2KSince last month
Decreased$1K (-1.2%)Since last year
Decreased$9K (-9.1%)Since last sale
Increased$81K (+1,612%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +510% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $86K |
| July 2026 | $87K |
| June 2026 | $86K |
| May 2026 | $88K |
| April 2026 | $88K |
| March 2026 | $85K |
| February 2026 | $86K |
| January 2026 | $87K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $32,540 | 02/19/26 | 3 | 2 | 1,038 | |
0.40 | Single-Family Home | $5,000 | 05/13/26 | 3 | 1 | 853 | |
0.09 | Single-Family Home | $90,000 | 04/28/26 | 3 | 2 | 1,248 | |
0.17 | Single-Family Home | $67,000 | 05/07/26 | 3 | 2 | 1,400 | |
0.16 | Single-Family Home | $149,300 | 06/11/26 | 3 | 2 | 1,263 | |
0.14 | Single-Family Home | $112,000 | 07/16/26 | 3 | 2 | 1,176 | |
0.22 | Single-Family Home | $73,000 | 10/17/25 | 3 | 1.5 | 1,368 | |
0.27 | Single-Family Home | $90,900 | 09/05/25 | 3 | 1.5 | 1,077 | |
0.28 | Single-Family Home | $50,000 | 11/25/25 | 3 | 2 | 1,206 | |
0.23 | Single-Family Home | $50,000 | 10/23/25 | 3 | 2 | 1,186 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $124,300 | 3 | 2 | 1,188 | Off Market | |
0.09 | $137,700 | 4 | 2 | 1,451 | Off Market | |
0.08 | $129,700 | 3 | 2 | 1,074 | Off Market | |
0.09 | $117,900 | 3 | 2 | 1,054 | Off Market | |
0.09 | $100,500 | 3 | 2 | 1,212 | Off Market | |
0.09 | $90,000 | 3 | 2 | 1,248 | Recently Sold | |
0.09 | $136,400 | 3 | 2 | 1,198 | Off Market | |
0.10 | $102,800 | 3 | 2 | - | Off Market | |
0.10 | $107,900 | 3 | 2 | 984 | Off Market | |
0.11 | $128,300 | 3 | 2 | 2,005 | Off Market | |
0.10 | $125,000 | 3 | 2 | 1,110 | For Sale | |
0.09 | $116,400 | 3 | 2 | 1,197 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1980
Living Area
1,000 sqft
Price/Sqft
$87
About this House
This single-family home is located at 2516 Labonte Dr, Memphis, TN. 2516 Labonte Dr is in the Shelby Forest-Frayser neighborhood in Memphis, TN and in ZIP code 38127. This property has 3 bedrooms, 2 bathrooms and approximately 1,000 sqft of floor space. This property has a lot size of 7405 sqft and was built in 1980.
2516 Labonte Dr, Memphis, TN 38127 is a 3 bedroom, 2 bathroom, 1,000 sqft single-family home in Shelby Forest-Frayser, built in 1980. It last sold for $5,000 on Oct 25, 2016. It is currently off market. The Trulia Estimate is $87,200, with a rent estimate of $1,139/month.
Home Details for 2516 Labonte Dr
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Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 5 |
Heating & Cooling Air ConditioningCooling System: Central |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: CompositionExterior: Other |
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Year Built Year Built: 1980 |
Property Type / Style Property Type: Single Family HomeArchitecture: traditional |
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Units in Building: 1 |
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Lot Area: 7405 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 25, 2016 Source: MAAR #9975099 | Sold | $5,000 |
Apr 15, 2016 Source: Agent Provided | Listed For Sale | $15,000 |
Aug 22, 2000 Source: N/A | Sold | $37,500 |
Apr 25, 2000 Source: N/A | Sold | $48,500 |
Mar 31, 1995 Source: N/A | Sold | $45,500 |
Aug 12, 1994 Source: N/A | Sold | $20,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $953 | $72,300 |
Home facts updated by county records
Market trends in Shelby Forest-Frayser
Last updated July 2026
Avg. sale price
$89.75K
$833MoM
Sale-to-List Price
95.7%
Price per sq ft
$74
$2MoM
Available listings
254
5MoM
Around this home
What Locals Say about Shelby Forest-Frayser
At least 128 Trulia users voted on each feature.
92 % Say car is needed
89 % Say yards are well-kept
80 % Say there are sidewalks
77 % Say parking is easy
69 % Say kids play outside
65 % Say there's holiday spirit
62 % Say streets are well-lit
46 % Say it's walkable to grocery stores
45 % Say they plan to stay for at least 5 years
45 % Say it's dog friendly
43 % Say neighbors are friendly
42 % Say it's quiet
38 % Say there's wildlife
36 % Say it's walkable to restaurants
30 % Say there are community events
17 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 2516 Labonte Dr
- What is 2516 Labonte Dr estimated to be worth?Trulia's estimated value for 2516 Labonte Dr in Memphis, TN is $87,200.
- What is the price history for 2516 Labonte Dr?2516 Labonte Dr in Memphis, TN last sold for $5,000 in October 2016.
- Is Memphis a buyer's or seller's market?Memphis is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Memphis?The median sale price in Memphis is $89.75K. That is up $833 from the prior month.
- Does 2516 Labonte Dr have air conditioning?Yes, 2516 Labonte Dr in Memphis, TN has air conditioning.
- How big is the lot at 2516 Labonte Dr?The lot at 2516 Labonte Dr in Memphis, TN is about 0.17 acres (7,405 sq ft).